BlackRock expects U.S. March CPI to rise to 3.3%, as the war in the Middle East pushes up energy prices

GateNews

2026-04-07 10:04:03

Gate News message, April 7, BlackRock strategists said in a report that the impact of high energy prices is likely to show up in the U.S. March CPI data to be released on Friday. Economists surveyed by The Wall Street Journal generally expect the U.S. March unadjusted CPI year-over-year rate to rise from 2.4% in February to 3.3%. BlackRock strategists noted that Middle East wars have caused supply chain bottlenecks and are expected to push inflation higher.

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